United India Insurance Company Limited provides a shrimp-specific aquaculture insurance policy designed for full production cycles in brackish-water shrimp farming. Its packages typically cover seed-to-harvest risks, including mass mortality, major viral and bacterial infections, toxic algal blooms, low dissolved oxygen, water-quality crashes, accidental poisoning, external pollution, and natural calamities such as cyclones, floods, and storm surges. Premium rates are not published as a fixed national table but depend on farm size, culture system (semi-intensive or intensive), geographic risk, and declared sum insured. Government support under PMMSY/PM-MKSSY can reduce the effective premium payable by eligible shrimp farmers. Technical consultations with ICAR-CIBA suggest shrimp-insurance premiums usually fall in the 2–3% range of the sum insured under supported schemes.
UIIC Shrimp/Prawn Policy Document:
https://www.uiic.co.in/web/sites/default/files/Policy-Document/Rural%20%26%20Social%20-%20Aquaculture%20%28Shrimp%20%26%20Prawn%29%20Insurance_2.pdf
UIIC Download Centre:
https://www.uiic.co.in/web/downloadforms/downloads
ICAR-CIBA premium modelling notes (2–3%):